Market Size of germany road freight transport Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Base Year For Estimation | 2021 |
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CAGR | 2.86 % |
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Largest Share by End User | Manufacturing |
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Fastest Growing by End User | Construction |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Germany Road Freight Transport Market Analysis
The Germany Road Freight Transport Market is projected to register a CAGR of 2.86%
- Largest Segment by Distance - Short Haul : Short-haul trucking services dominated the distance segment in Germany's road freight transport market due to the booming e-commerce industry and the increasing contribution of MSMEs in the transportation sector.
- Largest Segment by Product Type - Solid Goods : Solid goods dominate the product type segment in Germany over liquid goods. Construction, textile and apparel, machinery and equipment, electronics, automobiles, and other industries are included in the solid goods category.
- Largest Segment by End User - Manufacturing : The manufacturing segment, which accounts for a share of more than 20% of the country's GDP, is the largest end-user segment in Germany's road freight transport market.
- Fastest Growing Segment by TruckLoad Specification - Less than Truckload : LTL is the fastest-growing specification, supported by a large number of small vendors and business owners that prefer adopting LTL services for the transportation of goods.
